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VOL. 125 | NO. 194 | Wednesday, October 6, 2010

Pinnacle Chooses One Commerce Square

Pinnacle Airlines Corp. has decided to shift its Memphis headquarters from Memphis International Airport to a landmark Downtown tower, capping months of study by Pinnacle and intense lobbying of the regional air carrier by state and local governments.

Tip of the Iceberg

$7 million bus grant could be just the beginning

Talks between the A C Wharton Jr. administration and U.S. Transportation Secretary Ray LaHood last month made quite an impression on LaHood.

Cadence-Trustmark Deal is Off

Never mind – turns out, Cadence Bank isn’t getting acquired by Trustmark Bank after all.

Election Challenge Case Under Way

Attorneys for 10 losing candidates in the Aug. 5 election and the Shelby County Election Commission are now in court after two months of a very public dispute over the vote count.

Survey: More Employers Turn to HRA Plans

Employers are increasingly self-insuring some of their medical benefits to better control insurance costs and save on premiums.

Local Weather
Currently
Memphis, TN
74.0°F
A Few Clouds
Wind: South at 6.9 mph
Humidity: 91%

EVENTS

The Alliance for Nonprofit Excellence will hold a workshop Wednesday from 8:30 a.m. to 3:30 p.m. at its office, 5100 Poplar Ave., Suite 502. Ruth McCambridge will speak on the topic “Fundamentals of Leading a High Performing Organization.” Cost is $99 for members, $150 for nonmembers and $89 for those in the Program for Nonprofit Excellence. For more information, call 684-6605 or visit www.npexcellence.org.

more events »

Cohen: Love Of Government Started Early

With fervor for politics at a young age, U.S. Rep. Steve Cohen, D-Memphis, explained his lifelong journey into Congress at the Society of Industrial Office Realtors (SIOR) luncheon Monday.

Board Declines Ford’s Pension Increase Request

The Shelby County Retirement Board rejected Joe Ford’s appeal of the $747 monthly pension amount the board approved last month for the former interim county mayor.

First South Adds ‘Financial’ to its Name

First South Credit Union didn’t get to be more than half a century old by promising customers flash and sizzle.

County Commission Weighs Charter Stance

Shelby County Commissioners will talk over taking a stand on the consolidation charter on the Nov. 2 ballot at Wednesday committee sessions.

Askew to Lead FedExFamilyHouse

Bridgette Askew has been named general manager of the FedExFamilyHouse at Le Bonheur Children’s Hospital.

Social Butterfly or Albatross?

Many companies are jumping on the social media bandwagon. But for some, it’s striking a sour note. They’re finding out that social media is only “free” if you don’t count the many hours spent planning, collecting content, posting content, monitoring, responding to and engaging others. Many companies struggle to show that it’s really providing a return on the investment.

The Busy Monkey Trap

When you read the following story about how hunters trap monkeys, you may think monkeys are incredibly stupid! However, read on before you judge monkeys too harshly.

NATIONAL BUSINESS

Walgreen September Revenue Tops Expectations

DEERFIELD, Ill. (AP) – Walgreen Co. said Tuesday that same-store revenue rose less than a half-percent in September, but still topped Wall Street expectations.

AP Analysis: Economic Stress Declined in August

WASHINGTON (AP) – The nation's economic stress eased slightly in August thanks to lower foreclosure rates in the hardest-hit states, according to The Associated Press' monthly analysis of conditions around the country.

Fed Boss: More Securities Buys Could Help Economy

PROVIDENCE, R.I. (AP) – Federal Reserve Chairman Ben Bernanke said Monday that the economy could be helped by another round of asset purchases by the central bank.

Service Sector Growth Accelerates in September

NEW YORK (AP) – The U.S. service sector, the nation's predominant employer, expanded in September for a ninth straight month, although the growth has not been consistent enough to dent the high unemployment rate.

New Study: College Savings Remains Family Priority

DES MOINES, Iowa (AP) – Parents remain determined to save money for college even in the tough economy, but they're not always choosing the methods that give them the best bang for their buck.

NATIONAL POLITICS

IRS Asked to Examine Big-Spending GOP-Allied Group

WASHINGTON (AP) – Two organizations that advocate for tougher campaign finance rules are asking the Internal Revenue Service to investigate the tax-exempt status of a Republican-allied group that has been airing millions of dollars in political advertising.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 140 16,020
MORTGAGES 0 145 18,537
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 323 32,794
BANKRUPTCIES 0 121 10,621
BUSINESS LICENSES 0 58 5,144
UTILITY CONNECTIONS 0 90 11,307
MARRIAGE LICENSES 0 60 3,833

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The Memphis News: Business, politics, and the public interest.